BGO has announced the successful final close of its BentallGreenOak Canadian Value-Add, securing C$247 million ($181 million) in capital commitments, including co-investment capital. This represents BGO’s first value-add real estate strategy in Canada, tailored to help meet growing investor demand for higher return strategies across Canada’s largest, growth-oriented markets.
The Canadian value-add strategy received strong support from nine institutional investors made up of financial institutions, insurance companies, and corporate and university pension plans. All capital was raised domestically.
“Our Canadian value-add strategy offers a differentiated investment strategy that reflects BGO’s deep roots and long-standing commitment to the Canadian real estate market,” said Christina Iacoucci, head of Canada, BGO. “This strategy is purpose-built for institutional investors seeking the next wave of value creation in key growth corridors across the country.
